Newtek Bank vs CIT Bank
Newtek Bank High-Yield Savings pays 4.20% APY; CIT Bank High-Yield Savings pays 4.10%. Trade-offs depend on what you prioritize — see the breakdown below.
Option A
Newtek Bank
4.20%
APY
- Min
- $0
- Fee
- $0/mo
- FDIC
- Yes
Best for: rate-maximizing savers
Open with Newtek Bank →Option B
CIT Bank
3.75%
APY
- Min
- $0
- Fee
- $0/mo
- FDIC
- Yes
Best for: savers prioritizing brand familiarity
Open with CIT Bank →How this comparison was built
Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 9/6/2026.